Gross national expenditure (current LCU), per capita in Iceland
Iceland: Gross national expenditure (current LCU), per capita was 12.91 million current LCU per person in 2025. ◆ Volatile
Gross national expenditure (current LCU), per capita in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
In 2025, gross national expenditure (current lcu), per capita in Iceland stood at 12.91 million current LCU per person. That is the highest value across all 56 years on record.
That represents a change of up 7.7% on the previous year and up 98.4% over ten years.
Over the whole period, gross national expenditure (current lcu), per capita in Iceland peaked at 12.91 million current LCU per person in 2025 and was at its lowest, 2,320 current LCU per person, in 1970.
That places Iceland 15th out of 186 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current LCU), per capita in Iceland, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1970 | 2,320 current LCU per person | — |
| 1971 | 3,199 current LCU per person | +37.9% |
| 1972 | 3,777 current LCU per person | +18.1% |
| 1973 | 5,256 current LCU per person | +39.1% |
| 1974 | 8,145 current LCU per person | +55.0% |
| 1975 | 11,334 current LCU per person | +39.2% |
| 1976 | 14,431 current LCU per person | +27.3% |
| 1977 | 20,954 current LCU per person | +45.2% |
| 1978 | 30,886 current LCU per person | +47.4% |
| 1979 | 46,030 current LCU per person | +49.0% |
| 1980 | 74,445 current LCU per person | +61.7% |
| 1981 | 116,111 current LCU per person | +56.0% |
| 1982 | 185,638 current LCU per person | +59.9% |
| 1983 | 295,586 current LCU per person | +59.2% |
| 1984 | 395,678 current LCU per person | +33.9% |
| 1985 | 533,365 current LCU per person | +34.8% |
| 1986 | 674,208 current LCU per person | +26.4% |
| 1987 | 913,483 current LCU per person | +35.5% |
| 1988 | 1.10 million current LCU per person | +21.0% |
| 1989 | 1.30 million current LCU per person | +17.7% |
| 1990 | 1.52 million current LCU per person | +16.7% |
| 1991 | 1.67 million current LCU per person | +9.7% |
| 1992 | 1.62 million current LCU per person | -2.6% |
| 1993 | 1.60 million current LCU per person | -1.2% |
| 1994 | 1.65 million current LCU per person | +3.2% |
| 1995 | 1.72 million current LCU per person | +4.2% |
| 1996 | 1.89 million current LCU per person | +9.7% |
| 1997 | 2.01 million current LCU per person | +6.2% |
| 1998 | 2.33 million current LCU per person | +16.1% |
| 1999 | 2.48 million current LCU per person | +6.4% |
| 2000 | 2.73 million current LCU per person | +10.0% |
| 2001 | 2.87 million current LCU per person | +5.2% |
| 2002 | 2.95 million current LCU per person | +3.0% |
| 2003 | 3.15 million current LCU per person | +6.7% |
| 2004 | 3.54 million current LCU per person | +12.3% |
| 2005 | 4.06 million current LCU per person | +14.6% |
| 2006 | 4.76 million current LCU per person | +17.2% |
| 2007 | 4.92 million current LCU per person | +3.3% |
| 2008 | 5.16 million current LCU per person | +5.0% |
| 2009 | 4.72 million current LCU per person | -8.6% |
| 2010 | 4.83 million current LCU per person | +2.3% |
| 2011 | 5.16 million current LCU per person | +6.9% |
| 2012 | 5.48 million current LCU per person | +6.2% |
| 2013 | 5.64 million current LCU per person | +2.9% |
| 2014 | 6.02 million current LCU per person | +6.6% |
| 2015 | 6.51 million current LCU per person | +8.2% |
| 2016 | 7.05 million current LCU per person | +8.2% |
| 2017 | 7.41 million current LCU per person | +5.1% |
| 2018 | 7.86 million current LCU per person | +6.1% |
| 2019 | 8.02 million current LCU per person | +2.0% |
| 2020 | 8.17 million current LCU per person | +1.9% |
| 2021 | 9.08 million current LCU per person | +11.1% |
| 2022 | 10.29 million current LCU per person | +13.3% |
| 2023 | 11.26 million current LCU per person | +9.4% |
| 2024 | 12.00 million current LCU per person | +6.5% |
| 2025 | 12.91 million current LCU per person | +7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14,633 current LCU per person | 2,320 current LCU per person | 46,030 current LCU per person | 10 |
| 1980s | 559,427 current LCU per person | 74,445 current LCU per person | 1.30 million current LCU per person | 10 |
| 1990s | 1.85 million current LCU per person | 1.52 million current LCU per person | 2.48 million current LCU per person | 10 |
| 2000s | 3.89 million current LCU per person | 2.73 million current LCU per person | 5.16 million current LCU per person | 10 |
| 2010s | 6.40 million current LCU per person | 4.83 million current LCU per person | 8.02 million current LCU per person | 10 |
| 2020s | 10.62 million current LCU per person | 8.17 million current LCU per person | 12.91 million current LCU per person | 6 |
Countries ranked near Iceland
- 12 Guinea 19.60 million current LCU per person compare
- 13 Argentina 18.68 million current LCU per person compare
- 14 Chile 16.41 million current LCU per person compare
- 16 Cambodia 11.00 million current LCU per person compare
- 17 Costa Rica 9.43 million current LCU per person compare
- 18 Hungary 8.74 million current LCU per person compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 45,300 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 17.4 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 100,546 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.3 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 131.34 current LCU per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.92 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.6192 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure (current lcu), per capita in Iceland?
- Gross national expenditure (current lcu), per capita in Iceland was 12.91 million current LCU per person in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), per capita recorded in Iceland?
- The highest recorded value was 12.91 million current LCU per person in 2025.
- What is the lowest gross national expenditure (current lcu), per capita recorded in Iceland?
- The lowest recorded value was 2,320 current LCU per person in 1970.
- How does Iceland rank for gross national expenditure (current lcu), per capita?
- Iceland ranks 15th out of 186 countries with data for 2025.
- Is gross national expenditure (current lcu), per capita rising or falling in Iceland?
- Over the last ten years it is up 98.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross national expenditure (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current LCU) ÷ Population, total
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.